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have the editorial director of india today, and a very big star blasters program, i enjoyed our encounter last year and expects similar feistiness, m.j. akbar. finally, we have paul madison, who is commander of the navy. thank you for joining us. when i was thinking about the title today and thinking about our panel, it occurred to me and i went online to find a chinese event is being held right now. there are no canadians, japanese, americans, on this panel. we don't have any chinese today, but we should have a lot of fun discussing strategy in asia pacific region with china, but i also want to acknowledge that that voice may not be with us today, but that could be giving us room to run. i went to china and visited with the ministry of foreign affairs and i met with their director and the finally said i cannot understand what the grand strategy is. this was about 2004. and i said, what is your grand strategy? and it was how to keep you guys distracted. [laughter] that seems to be shifting. one of the very interesting things, i know this is not a u.s. panel, but just two days ag
of his war policy, it would not reach those people. in annual growth in india of 1%. indians understand what this order was all about. they wanted the confusion of independence. from may, 1947 is important because it is the modern 1776. america is the oldest country of the modern world. the american constitution provided us with the template for classless democracy. it was not achieved immediately, but it was the template. india is important in 1947 because india is the oldest nation of the post-colonial world. the indian constitution creates an ideological template for democracy. with the emergence of india, china had a different template. very interesting, we see these comparisons, two parties, congress and the chinese communist party, became the dominant force in the post independents space. both had to be discriminated because both came from economically driven needs. the chinese offered autocratic left. but had karimov -- charismatic leaders. long story short,ke i i'm waiting for the short part. >> just a little bit longer. both had charismatic leaders, but i [indiscernible] but re
to reach out to india. i went down to mexico on an economic development mission and was the first governor to go there in four years from any state. we're missing a tremendous opportunity. >> thank you. governor brown, i'm sure you know that on any given day, people from other states are knocking on doors of co's in the valley and trying to get them to expand in other states or move to other states. someone in this room may have engaged in that. >> they cannot all expand in california. we are try to help california. quex their offering tax breaks. >> we are not offering a break. >> not only you. what do you say to the ceo's? what are you trying to do it? what are two or three things you are doing to keep companies here? >> we take specifics. i met yesterday with the representative of nissan and they're very interested and supportive of the installation of high-speed chargers throughout california. we have a plan, criticized by some but nevertheless, well funded by a legal settlement of $100 million. to get these charging stations in throughout the bay area and down the coast to los angeles
and look at the issues that have to do with pakistan's relationship to india the issues that have to do with the sequence of events that will take place after 2014 when the american focus once again as steve mentioned, when the american focus become somewhat less on our relationship to counterterrorism and opens the door for more creative ways of business, academic, media and other links with pakistan that has suffered in last 10 years because of our focus. i guess i come out out of your question answering that i'm cautiously optimistic that there were two things on the rails which if you know what happened over the last two years is not an easy thing. it was kind of like rolling down the side of the -- with rocks and cactus is is an you don't know how far the ripping go so when i see these keeping things on track it's not easy to keep things on track and pakistan is the way it is mismanaged and the difficulties in our relationship but if we are able to do so after 2014 there will be a prospect that we can open up to new kinds of cooperation if we are not slaves to a bilateral vision ba
to india and that have to do with a sequence of events that will take place after 2014 when the american focus once again as steve mentioned when the american focus becomes somewhat less the relationship through the counterterrorism and opens the door for the more creative ways of business, academic, a media that have really suffered in the last ten years. so i guess i come out to your question answering that i'm cautiously optimistic if we can keep things on the rail which you know what will happen over the last ten years isn't an easy thing and it's like rolling down the side do would be and you don't know how for the region goes so keeping things on track it isn't easy to keep things on track in pakistan because of the way that it's mismanaged and because of the difficulties in the relationship, but if we are able to do so i think after 2014, there will be a prospect that we could open up to new kinds of cooperation if we are not slaves to a bilateral mission that is based on this trust but if we focus on the multilateral and the regional issues that will ultimately lead to economic g
's relationship to india, the sequence of events that take place after 2014 when the americans focus, again, as steve mentioned, when the american focus becomes somewhat less on the relationship through counterterrorism and opens the door for more creative ways of business, academic, media, other links with pakistan that really suffered in the last ten years because of the focus on ct. i guess i come out to the question answering that i'm cautiously optimistic if we keep it on the rails, which if you know what happened over two years, it's not an easy thing, but like rolling down the side of a are vein, and you don't know how far the ravine goes. when i say "keeping things on track," it's not easy to keep things on track in pakistan because of the way it's mismanaged, because of the difficulties in the relationship, but if we are able to do so, i think after 2014, there will be a prospect to open up to new kinds of cooperation if we are not slaves to a bilateral vision that's based on this trust, but if we focus on the multilateral and regional issues leading to economic growth, relations w
's relations with india, the issues that have to do with the sequence of events that will take place after 2014 when the american focus once again as steve mentioned, when the american focus becomes somewhat less a relationship through counterterrorism and opens the door for more creative ways of business, academic, media, other links with pakistan that have really suffered in the last 10 years because of our focus on ct pics i guess i come up to your question answering that i'm cautiously optimistic that if we can keep things on the risk in which if you know what happened over the last two years, it's not an easy thing, it was like rolling down the side of her routine with rocks and cactus is and you don't know how far the routine goes. so goes. so what is a keeping things on track, it is not easy to get things on track, pakistan. because of the way it's mismanaged, because of the difficulties in our relationship. but if we're able to do so i think after 2014 there would be a prospect that we can open up the new kind of cooperation, if we are not slaves to a bilateral vision, based on mistrust
online. today the u.s. economy accounts for 23% of the world's economy and india is 7. in 2030, according to the oecd predictions, china will be 29% of the world economy, the u.s. will be 18 and india will be 11. and those are, i think, really worthwhile numbers to keep in our mind as we talk about u.s. competitiveness in the world economy, because we're entering this entirely new era where the u.s. is going to be a big player in the world economy but no longer the preeminent, the very largest one, and i think that brings real challenges and requires a whole new way of thinking. so my opening remarks, steve was introduced, i think quite rightly, as a guy who i hope is getting cases of champagne and bouquets of flowers from the white house. because on certain readings you could say, you know, he's the guy who got the president reelected. that means, i believe, he has great insight into what obama's second term economic policy will be -- [laughter] and the big question on the agenda which i think certainly already tremendous bearing on u.s., on the u.s. domestic economy and, therefore, u.s.
the news the president won a second term. celebrations were also held in afghanistan and india and kina. >>> not much has changed in the balance of power on capitol hill. dianne feinstein is heading back to washington after winning a fourth term. she beats republican elizabeth emkiin there. democrats keep control of the senate with 53 seats that is including two independence who will caucus with them. 40 republicans have 45 seats if there is two races too close to call. wisconsin elected democrat elect -- ktvu cop congress has results on some of those races. >> reporter: of the 14 congressional districts in the bay area all but one incumbent kept their seat. let's take a look at the map so we can show you where there is changes. let's talk about district 15. that is where we see the local upset. this is of course the race between top democrats and this is 100% of precincts reporting. overnight the numbers showed 31- year-old erik pulling ahead. he tweeted thank you for the faith you have showed in me. we are bringing new energy and results to -- and a new top two primary system. now the
it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >> announcer: "nightline" continues from new york city with cynthia mcfadden. >> adoption can be a beautiful thing. bringing together babies who need parents with parents who are desperate for children. about 50,000 children are adopted into new families by american p
. tracy: we are certainly teetering. sandra smith, thank you very much. properties in thailand, india, new zealand, luxury hotel chain now planning to open several new locations next year including in china. joining us now, so glad you are here because i'm intrigued especially with what is going on in china. why china? >> china is an emerging market and has large opportunity for spending. followed by the u.s., $70 billion by the end of 2012 china above the u.s. will go to $72 billion. tracy: you have luxury hotels, or their luxury visitors in china? >> luxury of a word that has several different issues. talk about luxury, people take it as expensive. if it is expensive, it is a price tag. if it is an experience, it is a luxury. something you can always afford it, and enjoy it. tracy: your hotels are an experience then. >> yes, it is an experience. our competition are generation x. so looking at the generation x before the world realized it. tracy: people staying in the hotel of the chinese because they like to entertain and do things like that. are you worried about the euro zone? it is te
want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> welcome back, everybody. we are in chairs this morning lo
and asian viewers today. still to come, india's parliament has opened its winter's session for what could be a tough first day back to business for the prime minister. we'll find out what opposition he faces from our correspondent in mumbai. we'll also find out why asian casinos are putting their chips on the table despite slow economic growth in the region. and obama saves cobbler, but many of his turkey friends will end up on the table today. we evaluate the cost of a thanksgiving dinner with a soft commodities expert. all of that and lent more coming up over the course of the next three hours. it's not just eurozone pmis. china's manufacturing activity expanded for the first time in more than a year this month. >> upbeat data today. according to the flash pmi, the country's manufacturing sector expanded in november coming in at 50.4. and that eat first time it went above the boom or bust level of 50 in 13 months. almost all the sub indices showed improvement. the output sub index also hit a 13 month high at 51.3. and the latest reading follows a series of data showing stronger exports
. >> but as get the live headlines olabanji. >> following a developing story. killed and an explosion in india. they say several others have killed and 87 nearby homes destroyed. winner of the employees were overtime packing batches fireworks before the hindu festival which starts today. a more international news. a bomb nearnd of syria. you are seeing a video from a similar attack that happened y.sterda smoke could be seen rising into the air. the jet struck an area near the turkish border five times within a. period of 10 minutes. >> thank you very much. 5:09 is the time. degrees. good morning! wow. want to start the day with something heart healthy and delicious? you're a talking bee... honey nut cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. morning karen m. jacqui jeras. 5:12. 47 degrees. -- i am jacqui jeras. adam caskey here. rocking the rain gear this morning. the sturdier umbrella
. analysts say the data shows china's growth slowdown may be bottoming out. over to india now where the picture is more clear. service sector growth slowed down in october to its slowest in six months. europe's recession and america's sluggish economy played a large role in cutting demand for india's services. the sector makes up 60% of the country's economic output. >> ministers and central bankers are meeting in mexico day one of the summit saw a focus in the debt woes and weighing's fiscal cliff. ministers pushed the u.s. to act decisively to solve the debt ceiling impasse calling it the biggest short term threat to global growth. also a key week for greece. today the government will present either new austerity package to parliament. yesterday they warned the country would be forced out unless the new spending cuts are passed. >> the european central bank is investigating whether they've broken their own lending rules. the central bank may have accepted t-bills as collateral that was ineligible. that means those banks may have to find a further 16 billion euros to put up as what
poor people in china and india into the middle class and one american drops out of the middle class, that is not such a bad trade, 4-1. i spoke to a cfo of a u.s. technology company and this is a person with a charming and lovely life story, his parents were immigrants and he told me his parents told him and his brother when they immigrated that they were temporarily for. imagine that, temporarily poor and sure enough complete rock stars, both of them went to new york. and the mass club, one brother in silicon valley and another is derivative on wall street. the technology cfo, his parents were really angry at him because he dropped out of a ph.d. program in applied math at stanford having gone to harvard to start becoming plutocrats. very hard-working guy, did smart, did great, this is what he said about the american middle-class. we are demand higher paycheck than the rest of the world. if you are going to demand ten times the paycheck you need to deliver ten times the value. it sounds harsh but maybe people of the middle-class need to decide to take a pay cut. similarly, less for
include france, china and india. bret? >> bret: david lee miller, in jerusalem. thank you. >>> still ahead -- hillary clinton is on her way out. we look at her time at state. first, are clinton's former senate colleagues willing to use the nuclear option? if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> bret: senate majority leader harry reid has his finger on the nuclear button. not actual one but the so-called nuclear option. n the chamber that builds itself as the world's greatest deliberative body. correspondent doug mckelway has details from capitol hill. >> reporter: the cold war never got this hot. the threat of a retaliatory attack, mutually assured destruction made it unthinkable. in the senate, the unthinkable metaphor call nuclear option may happen when majority leader harry re
for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low co. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 ouof 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. taefficient and low cost building blocks to help you keep me of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. readnd consider it carefully before investing. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah neil: half way in, here is herman cain's biggest worry about barack obama, he will go in full spending throttle. so, herman, i
commodity with demand it is going to continue to grow, particularly in places like china and india. the sooner we can have substitute fuels and not think for the immediate future, anyway, as long as we are careful about how this is extracted and it can be extracted safely, it can be an enormous advantage. and we can use it and i was on a bus today. it was powered by natural gas. we can use it to power electric vehicles. at the same time, there should be a parallel track developing renewables to be either when the gas runs out or the demand increases to the point for the price goes up. but right now, to powerful your vehicle and natural gas is about equivalent of $2 per gallon, and it will be the same for home heating. getting off of oil should be number one priority and we are finally in a position to do it, and this this is only has only come first and last for five years. >> moderator: cynthia dill? dill: this is a challenge to any family that is trying to get to the grocery store gets work. i do support the president's fuel efficiency standards that will lead to automobiles or r
in 80 seconds. india. some of those victims drowned in a southern province during what officials call the worst storm to hit the region in 40 years. it dumped a foot of rain, caused homes to collapse and forced some 90,000 people to evacuated the state run shelters. new zealand, a coal mining company ignored more than 20 warnings about explosive levels of methane gas before a mine explosion two years ago killed 29 workers on the south island. that's the just-released conclusion from investigators with a royal commission. the now bankrupt company is not defending itself against labor violations charges. its former ceo has pleaded not guilty to 12 violations. taiwan, breeders announce pod a new species of blue shrimp ahead of this week's aquarium expo. the blue bolt variety is an ornamental pet not for eating. it tookears to develop the shrimp. each specimen could cost more than $3,000. china. pyrotechnic teams from four countries, including the u.s. showcase their best fireworks at a festival in shanghai. the american team launched this display to tunes from broadway musicals. 6,000 fi
there by accident but it also could have been murder. india. police baton charged opposition protesters in a northern state. demonstrators hurled stones and damaged property as they rallied against what they call unsanitary conditions. the area has seen a recent outbreak of mosquito born diseases. france. archaeologists say they uncovered an almost fully intact woolly mammoth excel will he ton near paris about the fifth such discovery on french soil. researchers say they found the remains along with thee andrea alcohol spearheads by accident site in a quarry. austria, fans from around the world gathered in mozart's vienna home for a concert by a russian pianist on the instrument mozart used for the last decade of his life. the keyboard back in that home for the first time since mozart's death since 1791. it now goes to the mozart's museum in sulsburg and that's a wrap on this fox trip around the world in 80 seconds. cool critters now. a baboon has apparently adopted a stray kitten at the petting zoo in israel. zoo keepers say the tiny feline recently wandered into the monkey's cage and
. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> thanks to you all for a terrific conversation. before we go a quick programming note for my press pass covers this week, i sat down with buzzfeed.com editor and chief ben smith to talk about what really really was the first presidential campaign in the social media era. you can watch it at "meet the
like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout was surging. president winning more of the latino votes but even winning the cuban votes. you saw young votes exceeding the turnout from four years ag
countries. india, the only one close at 46 million if you want to call that close. but for all the firearms out there, there's also fiery debate about gun rights and when recent tragedies like tucson or aurora, colorado, happen, both sides dig in even deeper. how do we reconcile the second amendment with the safety of innocent americans? today we have got a self-described liberal who argues simply disarming america is not the answer. craig whitney is a correspondent, and author of "living with guns, a liberal case for the second amendment." welcome, craig. >> thank you. >> so you outline a number of great arguments familiar to most gun owners like myself about the philosophical case for the second amendment. tell the skeptics out there on the other side why we need to learn to live with guns? >> because we as americans have had guns and had the individual right to keep and use firearms ever since the earliest colonial days. that's the right that was recognized by the second amendment. not created by, but recognized by it. it still exists today. the reason why they created -- why they wrote
with the five billion smart phones. i was in india recently -- >> rose: there's only 7.3 billion people in the world. >> we're so depende on it and it's so easy. think about how it changes everything. it's always in your hand: and as marc andreessen said to you, it's a computer in your pocket. so if you want to search your internet, do e-mail, make a phone call, look up something you want to watch a video, play a game, it's in your hand. and your hand could be a smart phone, a tablet, but it's portable and it follows you everywhere. it just changes everything. then the questions become how to monetize that. can you -- we know how to do a t.v. ad in television, right? we know how to do an ad in a movie theater when you go in and you sit there and when's the movie going to start. but it's primitive how you're going to do an ad on mobile. and that's something that everyone is experimenting with. >> rose: you know what else is exciting about all of this? it's how it's changing our world beyond miniaturization it's how it's changing our world and all the questions that gives expression to ab
of millions of people have emerged from poverty. they've emerged from poverty in india. and in china. and in different places in the world where they've embraced capitalism. is there greater -- hold on. is there greater wealth disparity in yes, there is. but disparity is the tradeoff you accept for growth. if you want no income disparity, we've seen that movie. everybody's poor. >> well, actually, i actually think that a big part of what's going on is what's happening in the emerging markets and you're absolutely right, that part of the global tradeoff that we're seeing right now is hundreds of millions of people coming up from poverty in the emerging markets in to the middle class. but right now -- and this is not something that needs to be debated. this is something that the data shows -- the big losers where we're seeing the hollowing out is in the middle class, in the western industrialized economy. you know, again, i think the industrial revolution is a great comparison. overall, it was fantastic that we had the industrial revolution. who would argue with that? but, but, for soc
with opportunities. india, china, braz, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i ke bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. taefficient anlow cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consir it carefully before investing. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking o
with the world's largest population after china and india. i first met him in 2008 at facebook's old graffitied building in downtown palo alto. the company has since decamped to giant hangars nearby to accommodate their explosive growth. the graffiti is largely gone, except for one word you just can't miss. i see "hack" everywhere. >> mm-hmm. >> hack. it has a negative connotation, doesn't it? >> when we say "hacker," there's this whole definition that engineers have for themselves, where it's very much a compliment when you call someone a hacker, where "to hack something" means to build something very quickly, right? in one night, you can sit down and you could churn out a lot of code, and at the end, you have a product. >> which is what he expects from his 500 engineers. as we walked through, we got a sense of high-level competition, whether it's writing code into the night or taking breaks to play speed chess. it's a constant game of one-upsmanship. you have hack-athons. >> yeah, and hack-athons are these things where just all of the facebook engineers get together and stay up all night buil
been on the down side. sales there, generally to the down side, down 11%. china down as well. india's up a little bit. and by the way, purchases of gold using etfs. 56% increase in their volume. that's because a lot of people went out in the third quarter when there was concerns about inflation and kwan kwan todayive easing. guys back to you. >> terrific report, bob. i'm watching the market go up, so much like i used to trade with karen cramer in 1999. the market is up. tareq aziz. was boehner at the country club, that's where we are. >> let's shift to the bond on the dollar. >> jim, if you look at today's action in the treasury, there wasn't a lot of action, if you look at the day chart, we didn't go up very my basis points. on thursday when we saw the big jump in claims, even though it's largely responding to issues related to logistics of sandy and compiling the data, we still made the lower yield of the day, though we're going nowhere quickly. if you want to see meat on the bones, open this chart up for several months. the 160 level is very significant in the sideways pattern in
weighted with both. it was at a ceremony in rome. they hail from india, nigeria and united states. pope is expanding the hierarchy where the church itself is growing. >> it's really quite striking the range from asia to africa to latin america, the number of people that he is bringing into the college of cardinals now. i would see it more in positive terms. i don't think it is a walking away from europe. he definitely appointed a lot of europeans several months ago. this is making the balance. >> reporter: and less than a year after the previous one and they say the pope is eager to keep the number of cardinals at the required 120 who are under the age of 80 and eligible to choose his successor. god only knows when that will be. >> we have no indication that the pope is anything but good health but at the same time 85 is 85. he clearly wants the college of cardinals to be at full staff going forward. >> there is a bit have controversy about the lone american. archbishop james michael harvey has been in charge of the papal household for several years and direct superior of the pope's for
, places like brazil and india, while still growing they're growing at a slower rate, one of the reasons why we're so focused on the diversification of the portfolio, health care is growing, color in our technology business is growing so solutions like that are places we're putting a large amount of our energy behind but we're also counting on the federal government to help us with some certainty, one part has been solved, we have a president for the next four years, now we have to get fiscal tax issues resolved so we can solidify, our customers can feel better and question participate more with them. >> to that point you are meeting with the president, one of many ceos who will be meeting with him tomorrow i believe. what do you plan to tell the white house at that point? what is the most important issue and how do you come at it in terms of giving him some feedback for what the business communities sees in all of this? >> first thing we'll do is listen a little bit to what he has to say and what his plans are for the second term, but i think the business community and me in particular
company. they are moving it everywhere. india, china, people drinking whisky like mad. >> big deal with india in the past couple of weeks. >> i met with my friend johnny walker black over the weekend. >> how is johnny doing? >> it was at a wedding. he is always there. >> he's a great guy. he should meet by buddy jim beam. >> what's on mad tonight? >> we'll talk about fiscal cliff saying, listen, here's what happens if we solve it. i think this rally today is about solving it. and i'm going to present the world view that is going to be just unbelievable if we get this thing solved which would make a lot of stocks go up dramatically including apple where we would finally get a sense that maybe it's not worth selling because the capital gains tax may not rise that much. >> on friday night intraday was 505. this morning we're creeping up to 548, 550 here. >> i tried to get into the apple store yesterday. apple does have products you want. do they have i-tv? you don't need it because stock is down 20%. i think that apple is a clarity stock. that's the big issue that i'm using for fiscal
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